Housing sales in the top seven cities scaled a new peak of 364,900 units in 2022, up 54 per cent year-on-year (Y-o-Y), according to ANAROCK Research. Sales surpassed the previous peak of 3.43 lakh units seen in 2014.
Prices, too, moved up. The current average price across the country’s top seven cities is Rs 5,991 per sq. ft, up 8 per cent over the past five years. “2022 saw the maximum yearly rise of 5 per cent in average property prices compared to